EGO empire oil & gas nl

Why do MIN need Empire's gas? Here's why!, page-9

  1. 4,299 Posts.
    lightbulb Created with Sketch. 28
    Kit67.

    They seem very sure they have the gas from two announcements.



    MRL has secured its strategic investment in Empire to support the development of MRL’s LNG power strategy. The investment provides MRL with the opportunity to work with Empire to provide direct access to a natural gas source in Western Australia. MRL’s first installation of its LNG technology will be at the Mt Marion lithium project, due to commence full operations in the second half of 2016.

    Continue to progress the development of MRL’s own LNG and gas power generation capabilities. Mt Marion will be the first site to adopt gas power generation. This initiative is expected to deliver cost savings based on today’s oil prices. Shareholding in EGO provides access to gas reserves
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.